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iMetal Resources Inc (OTCMKTS:IMRFF) Stock In Focus After Drilling Update

Yesterday iMetal Resources Inc (OTCMKTS:IMRFF) was in considerable focus among investors after it announced that it had completed the drilling activities at its Carheil project. The project in question is located in the Northern Abitibi Greenstone Belt in Quebec. This particular phase of drilling activities constituted three holes which added up to 1053 meters and was designed to be the follow-up to the graphite drilling program from 2016.

iMetal Resources Announces Completion of Winter Drilling at Carheil

The company’s Chief Executive Officer and President SafDhillon spoke about the latest developments too. He noted that the company was pleased with the Phase 1 drilling program for 2023 since it had been successful in intersecting the target horizons in all three drilled holes.

He went on to add that the team was already working on plans for the next phase of drilling and exploration activities at the site. The next phase would entail the testing of the target graphite horizon along the strike. The company hired the services of DIAFOR Inc for the particular phase of the drilling initiative. During the winter months, access had been limited, however, the faster melting than usual helped in shortening the timeline somewhat.

Published by Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.

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